Common use of Indemnity of Receiptholders Clause in Contracts

Indemnity of Receiptholders. Subject to Article 6 of this Agreement, the Corporation agrees to indemnify the Receiptholders for, and hold each of them harmless against, any loss, liability, claim, damage or expense imposed on, incurred by or asserted against any of them as a result of a breach by the Subscription Receipt Agent of its obligations under this Agreement, including the failure of the Subscription Receipt Agent to deliver the Common Shares and make any applicable payment in respect of the payments contemplated by Sections 3.2, 3.3 and 3.4. The indemnity provided for in this Section 5.9 shall survive any termination of this Agreement.

Indemnity of Receiptholders. Subject to Article 6 of this Agreement, the Corporation agrees to indemnify the Receiptholders and the Underwriters for, and hold each of them harmless against, any loss, liability, claim, damage or expense imposed on, incurred by or asserted against any of them as a result of a breach by the Subscription Receipt Agent of its obligations under this Agreement, including the failure of the Subscription Receipt Agent to deliver the Common Shares and make any applicable payment in respect of the payments contemplated by Sections 3.2, 3.3 and 3.4. The indemnity provided for in this Section 5.9 shall survive any termination of this Agreement.

Indemnity of Receiptholders. Subject to Article 6 of this Agreement, the The Corporation agrees to indemnify the Receiptholders for, and hold each of them harmless against, any loss, liability, claim, damage or expense imposed on, or incurred by or asserted against by, any of them as a result of a breach by the Subscription Receipt Agent Trustee or Torys of its obligations under this Agreement, including the failure of the Subscription Receipt Agent Trustee or Torys to deliver refund the Common Shares Issue Price, together with interest earned thereon, to the Receiptholders pursuant to the provisions of Sections 3.2 and make any applicable payment in respect of 3.4 as the payments contemplated by Sections 3.2, 3.3 and 3.4case may be. The indemnity provided for in this Section 5.9 shall survive 6.7 survives any termination of this Agreement, or the resignation or replacement of the Subscription Receipt Trustee.